On 16th October 2025, Hubtown Limited submitted an official disclosure to both BSE Limited and the National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The communication was addressed to the Corporate Relationship Department at BSE and the Listing Department at NSE for its Scrip Code 532799 and Symbol HUBTOWN.

The company informed the exchanges about a key development in one of its prominent Mumbai-based real estate projects. The update relates to Twenty Five Downtown Realty Limited (TFDRL), an associate company of Hubtown Limited. The disclosure states that TFDRL has successfully obtained the RERA Registration Certificate for Tower 4, also referred to as Ruby Mount, in the 25 Downtown project located in Mahalaxmi, Mumbai.

With the receipt of this registration, TFDRL has now secured RERA approvals for four towers—T1, T2, T3 and T4—within the same project. The filing notes that this update is provided in accordance with the requirements of Schedule III of the SEBI LODR Regulations, which mandates listed companies to keep stock exchanges informed about material developments in their subsidiaries, joint ventures or associate entities.

The Real Estate (Regulation and Development) Act (RERA) approval is a crucial step in the execution and marketing of large real estate developments. It gives buyers, investors and financial institutions assurance regarding compliance, transparency and intent of timely delivery. By securing registration for another tower, TFDRL has added confidence to the ongoing progress of the 25 Downtown project.

The update also reflects the company’s adherence to regulatory transparency. Real estate entities associated with listed companies are expected to regularly provide information on major project milestones, including government approvals, financial arrangements, partnerships, and development stages. Hubtown Limited has demonstrated this compliance through proactive communication.

The 25 Downtown project is a multi-tower development in Mahalaxmi, one of Mumbai’s prime real estate locations. Each tower requires separate RERA registration before the promoter can undertake advertising, sales or allotment. The registration of Tower 4 (Ruby Mount) indicates advancement in statutory clearances and likely enables further sales and investor engagement activities specific to that tower.

The filing, signed by Shivil Kapoor, Company Secretary and ICSI Member No. 11865, concludes with a confirmation that the information is being furnished for record and dissemination as per stock exchange norms.

This kind of disclosure also ensures clarity for shareholders, analysts and market observers, as updates on project approvals can influence sentiment regarding a real estate company’s operational pipeline and revenue visibility. Since the project is linked through an associate entity, the progress also holds importance from the perspective of consolidation, partnerships and long-term development plans.

By securing RERA registration for four towers within the 25 Downtown project, TFDRL has shown multi-stage compliance success. Market participants often track these updates for signals related to demand, construction readiness, and regulatory progression in the property sector.

The submission to the exchanges highlights Hubtown Limited’s continued focus on transparency, regulatory conformity and consistent communication under SEBI LODR requirements. This reinforces good governance practices and supports long-term stakeholder confidence in its real estate ventures.

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